(The BLM sign at the Lexington church I attend was stolen recently.) Other parishioners have spoken favorably about the placement of BLM signs because they view them as calling our attention to the basic human rights issues of racial prejudice and unjust discrimination. Is systemic racism currently part of the fabric of our country? Has the death of George Floyd brought about a new awareness of racism? Are discussions about racism and signs like BLM political in nature or something else? What should be our response to all of this as a community?
Original Boston real estate thoughts:
Low mortgage interest rates will support Boston real estate housing in 2020 but economic uncertainty and affordability issues will mute sales growth.
With interest rates expected to remain near three-year lows, buyers have more purchasing power than in years past, but they may be reluctant to get off the sidelines because of economic and political uncertainties. Additionally, an affordability crunch will cut into demand in some regions of downtown Boston, where affordability is significantly below national levels. These factors together could subdue sales growth next year.
The average for 30-year, fixed mortgage interest rates will dip to 3.7 percent in 2020, down from 3.9 percent in 2019 and 4.5 percent in 2018 and will remain low by historical standards..
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